My my where did things go so wrong Back in o7 and 08 I was very favorable to this company...I bought right into the story about MOLY and of course copper. At the time it was a question of whether the stock would get to $20 or $30. Yes sir, it all added up, stay the course and too the moon alice. Well things went wrong and on the way down, fortunately relatively soon rather than later, I exited. And haven't been back this way since.
Didn't play the 400% rally off the '08 lows...would have done better in something like SLW, but like most others I was so shaken by the drubbing I had taken in resources, and the ugliness of markets at the time, I was in no mood for risk taking when the risk were in fact the least....typical investor, I suppose.
But if somebody can explain to me how this one time seemingly unstoppable story could have gone so wrong I'd appreciate the short course.
Many people put me on ignore for my concerns about the technical aspects of the charts as they started to break down, and I doubt there are very many of the "old times" left....goes to show ME, at least, when everybody believes the story it's time to sell even if the bullish expectations haven't been reached.
Good fortune to the longs; I hope there is the means to a recovery.